Calculate the effective stock of manpower, HR Management

Assignment Help:

Question:

(a) Explain the direct method of forecasting workforce at the macro level. What are its main limitations?

(b) The stock of mechanics in District Z stood at 2500 at the end of year 2002.

Assuming that the:

(i) annual outturn for this skills category is estimated to be 100, 200, 300, 400, 500, 600 and 700 from 2003 to 2009;

(ii) 10% of annual outturn follow professional courses;

(iii) rate of attrition is 5% every year and

(iv) the labour force participation rate is 75% .

Calculate the effective stock of manpower and the corresponding labourforce from the year 2002 to 2009.

Round up the figures whenever required to obtain integers.


Related Discussions:- Calculate the effective stock of manpower

Explain past oriented method of appraisal, Q. Explain Past oriented method ...

Q. Explain Past oriented method of appraisal? 1. Rating scale: this is the simplest and the most popular technique for appraising all employee performance. The typical rating s

Bowey''s and braham frame-work for human resource planning, Problem 1: ...

Problem 1: (a) Elaborate on the Bowey's and Braham frame-work for human resource planning. (b) Compare and contrast both these frameworks. Problem 2: (a) Elaborate o

Disadvantages of personal interviews, Disadvantages of personal Interviews:...

Disadvantages of personal Interviews: 1.It is likely to be more costly than alternatives 2. A trained staff of interviewers that is geographically near the sample is needed

Hrm functions, Each student is responsible for writing a review ofa current...

Each student is responsible for writing a review ofa current HRM issue related to one or more of the topics discussed on the Course Calendar of Events during the evening that it is

Show features of the performance appraisal, Q. Show Features of the Perform...

Q. Show Features of the Performance appraisal? 1. Performance appraisal is the systematic description of an employee's job relevant strengths and weaknesses. 2. It is a cont

General induction programme, Q. General induction programme? Once an of...

Q. General induction programme? Once an offer of the employment has been extended and accepted, the final stage in procurement function is concluded. The individual has then to

Skills and qualities of project managers in development, See the skills and...

See the skills and qualities of project managers explained in the ‘developmental approach’. Can you add to such? How far do you consider yourself being proficient in such skills? H

Assignment, Reason why some companies do not pay suficient attention to sta...

Reason why some companies do not pay suficient attention to staff induction

Fringe benefits in the indian industries, Fringe benefits in the Indian ind...

Fringe benefits in the Indian industries: The national association of manufactures has indicated the following which are essential in motivating the workers towards higher o/p

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd